This report highlights key findings from financial diaries research completed with program participants from four Advancing Integrated Microfinance for Youth partners; two in Mali (Conseils et Appui pour l’Éducation à la Base (CAEB) and Nyèsigiso) and two in Ecuador (Cooperatives San Jose and Cooprogreso). The financial diaries, high-frequency quantitative surveys administered at regular intervals over several months, were designed to answer the following questions:

  1. How did the amount of money youth receive fluctuate over time?
  2. How did youth report using their money over time?
  3. How did youth report saving their money over time and for what reasons?
  4. How did their financial knowledge, specifically regarding the educational objectives of the financial education, change over time?

The primary purpose of this report is to describe differences and similarities seen between Mali and Ecuador youth as well as among youth accessing different types of integrated financial services and financial education programs. The four key questions are answered throughout the description of outcomes from both countries.